Forex news

The U.S. Justice Department is looking into whether the price of bitcoin and other virtual currencies are being manipulated, according to a report in Bloomberg that referenced four unnamed sources for the information. Still in its early phases, the criminal probe will bring in other agencies, like the Commodity Futures Trading Commission (CFTC), a regulator […]

There is a possibility for the beginning of uptrend in DASHETH Dash / Ethereum BITTREX:DASHETH ForecastCity Technical analysis: . DASH/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. Trading suggestion: There…

Having been a dollar bull for several months, Bloomberg’s Mark Cudmore now thinks it’s about time for the long-term dollar downtrend to resume. All the key drivers of strength have run their course and it’s more likely that the marginal developments from here will weigh on the dollar… Via Bloomberg, After rising more than 4% in the last five weeks, […]

Trump cancels the summit with Kim and says: “the world has lost a great opportunity for lasting peace” and JPY is gaining on risk-averse trading. Trump is ready to impose 25% tariffs on imported vehicles to the US while the second round of trade talks between US and China lead to no conclusive agreement. USD/JPY […]

Update: Trump said that while he hopes that talks will lead to a favorable outcome, the US military is remains ready to act if necessary. The comments represent a return to the menacing Trump rhetoric of last year. Trump added that the talks could still take place as originally planned. *TRUMP SAYS CANCELLATION OF KIM […]

The British pound has posted slight losses in the Thursday session. In North American trade, GBP/USD is trading at 1.3381, up 0.24% on the day. On the release front, British Retail Sales posted a strong gain of 1.6%, crushing the estimate of 0.8%. Over in the US, unemployment claims jumped to 234 thousand, its highest level in…

The Institute for Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all its forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can help support IJ’s valuable work, a […]

Today’s data showed a decline of 2.5% in April existing home sales. According to analysts at Wells Fargo, the ongoing shortage of homes available for purchase continues to weigh on sales. Key Quotes: “After rising the past two months, existing home sales fell 2.5 percent in April to a 5.46 million unit annual pace.” “While […]

Authored by Tho Bishop via The Mises Institute, Nicolás Maduro may have received more votes in Venezuela’s recent presidential election, but the record-low voter turnout is widely seen as its own form of protest against his increasingly oppressive socialist regime. So as long as Maduro’s government controls the voting process, his opponents will continue to advocate elections […]

Safe haven assets rise after Trump cancels the meeting with the North-Korean leader. Gold rises to 1-week highs, having the best performance in weeks. The yellow metal soared after the White House announced President Trump canceled the planned meeting with North Korea leader Kim Jong-un. Gold rose from $1,298/oz to $1,306.50 hitting the highest level […]